Report details:
Oil produced - 152,000bbl
Average Realised price = A$63.9/bbl
Oil Revenue calculated = 152,000 x 63.9 = A$9.71M
Yet the Oil Revenue Reported in the Table is A$20.5M
That is A$10.79M more than calculated
Is this a mistake?
All the other products sold calculate correctly.
The difference cant be all due to hedging surely?